XLE Stock Chart

Technical Analysis Summary

XLE

News

We have been bullish US Energy since early 2016, but price action in the past months is beginning to give us some cause for concern.
With the 50% retracement of the 2014-2016 fall now reached, but not decisively broken, and stochastics very overstretched, we believe a corrective pullback is now developing.
Additonally, the Energy sector is also showing signs of ...